$1,015,000
Updated 8 years ago
Sold

1882 Bergen Street

Crown Heights, Brooklyn | Howard Ave & Saratoga Ave

12 Rooms8 Beds6 Baths2,700 Square FeetRental Property

$1,015,000
floors / apts3 / 3
Lot Size20'x100'
Built Size20'x45'
ZoneR6
Building TypeTownhouse
RE Taxes$1,759
Price Per SF
$376

This property was sold for $1,015,000 on 06/16/16.

Listing Features

  • Central AC

Outdoor space and views

  • Backyard
  • Garden

Building Amenities

  • Voice Intercom
  • Courtyard
  • Garden
  • Second Entry
  • Stoop Entry

Property Description for 1882 Bergen Street

TURNKEY investment or home - completely gut-renovated, brand-new, three-unit townhouse in Crown Heights. Central air-conditioning, designer renovation, stainless steel appliances, continuous flow hot water heaters on top two floors. Two 900sf three-bedroom two-bath residences over an 1800sf duplex with a beautifully-finished lower rec area and large deep backyard with a deck. Each has it's own separately controlled HVAC, and separately metered utilities. Live in lower duplex with two rentals to cover your mortgage or buy and hold for a cash-cow investment in a rapidly appreciating location. Projected CAP rate around 7%, with a great deal of upside to come.

Listing History for 1882 Bergen Street

Now
06/16/2016
$1,015,000
Sold and Closed by Jonah Ramu Cohen
Corcoran
2016

Building Details for 1882 Bergen Street

OwnershipRental Property
Building TypeTownhouse
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1901
Floors/Apts3/3
Learn More About the Building

Transit and Citi Bike

Subway

Ralph Av
0.34 miles
Rockaway Av
0.47 miles

Citi Bike

Prospect Pl & Howard Ave
0.12 miles
Bergen St & Saratoga Ave
0.13 miles

Contact Agents

Contact Agents

Crown Heights | Brooklyn

Quick Profile

Originally known as Crown Hill by the Lenape Indians that lived there, Crown Heights has evolved into a diverse neighborhood, occupied primarily by Hasidic Jews and one of the largest Caribbean populations to be found anywhere outside of the West Indies. 

Head over to Nostrand Avenue, one of the main West Indian commercial areas in the neighborhood, which is lined with stores that have been in those exact same places for generations, providing their goods and services to area residents. Kingston Avenue has similar commercial activities that support the Jewish community, and Franklin Avenue shows the most signs of change and gentrification, with an ever-expanding mix of yoga studios, coffee shops, and organic grocery stores that serve the influx of young professionals. No matter which of these areas you visit, you will find an interesting mix of businesses that you wouldn’t normally picture as existing side-by-side. It is all part of the cultural diversity of Crown Heights.

The neighborhood is bisected, from east to west, by Eastern Parkway, which is a beautiful, 3-mile-long boulevard lined with mature trees. This leafy oasis was designed by Frederick Law Olmsted, famed designer of Central Park, the Biltmore Estate in North Carolina, and the U. S. Capitol in Washington, D. C.

You will find a mix of low-rise apartment buildings, large middle-class elevator buildings, brownstones, and some luxury buildings. Century-old architecture stands next to modern residential developments in a visually interesting mix of styles, much as the diversity of the residents exists. People who would not normally meet and mix are forging new pathways to cultural understanding by working, living, and playing together in the same neighborhood.

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 58989TH